Cooper Financial Group Acquires New Holdings in Janus Henderson Group plc (NYSE:JHG)

Cooper Financial Group bought a new position in Janus Henderson Group plc (NYSE:JHG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,947 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds have also added to or reduced their stakes in JHG. Dimensional Fund Advisors LP grew its holdings in shares of Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after acquiring an additional 344,582 shares during the period. Millennium Management LLC grew its stake in shares of Janus Henderson Group by 43.5% during the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after purchasing an additional 1,809,249 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Janus Henderson Group by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock valued at $169,262,000 after purchasing an additional 36,711 shares during the period. Ariel Investments LLC lifted its stake in shares of Janus Henderson Group by 0.7% in the 2nd quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after purchasing an additional 16,653 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Janus Henderson Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after purchasing an additional 12,884 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $40.93 on Wednesday. The company’s 50-day moving average price is $43.71 and its 200-day moving average price is $39.49. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The company has a market cap of $6.51 billion, a PE ratio of 16.18, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50. Janus Henderson Group plc has a twelve month low of $28.19 and a twelve month high of $45.74.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. During the same period in the previous year, the firm posted $0.64 earnings per share. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. On average, equities research analysts forecast that Janus Henderson Group plc will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.81%. Janus Henderson Group’s payout ratio is presently 61.66%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. UBS Group upped their price target on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Evercore ISI raised their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. TD Cowen boosted their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company decreased their target price on shares of Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $44.75.

Janus Henderson Group Profile

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.